Common use of Investment Objectives Clause in Contracts

Investment Objectives. 12.1. In managing the Service, the Manager will at all times have regard to and shall use its reasonable endeavours to comply with the Investment Objectives when seeking to execute the Investment Strategy and to comply with Applicable Laws. 12.2. The Manager reserves the right to return any surplus of cash if it concludes that it cannot be invested in appropriate investments, and it considers this to be in the best interests of the Investor. 12.3. In the event of a gradual realisation of Investments prior to termination of the Service under Clause 19, the cash proceeds of realised Investments may be placed on deposit (in a client account which does not bear interest).

Investment Objectives. 12.1. In managing the Service, the Manager will at all times have regard to and shall use its reasonable endeavours to comply with the Investment Objectives when seeking to execute the Investment Strategy and to comply with Applicable Laws. 12.2. The Manager reserves the right to return any surplus of cash if it concludes that it cannot be invested in appropriate investments, and it considers this to be in the best interests of the Investor. 12.3. In the event of a gradual realisation of Investments prior to termination of the Service under Clause 1917, the cash proceeds of realised Investments may be placed on deposit (in a client account which does not bear interest).